{"id":405565,"date":"2020-12-24T13:48:39","date_gmt":"2020-12-24T18:48:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405565"},"modified":"2020-12-24T13:48:39","modified_gmt":"2020-12-24T18:48:39","slug":"flow-capital-announces-the-buyout-of-its-investment-in-wedge-networks-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/flow-capital-announces-the-buyout-of-its-investment-in-wedge-networks-inc\/","title":{"rendered":"Flow Capital Announces the Buyout of Its Investment in Wedge Networks, Inc."},"content":{"rendered":"
\n

TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (\u201cFlow Capital\u201d or the \u201cCompany\u201d) is announcing that Wedge Networks, Inc. (\u201cWedge\u201d) has completed a buyout of Flow Capital\u2019s royalty investment for $1,250,000.<\/p>\n

\u201cThe team at Wedge has developed a compelling solution to address cyber security threats. With the increased dependence on telecommuting, due to the ongoing pandemic, and a global digital cold war, safeguards against such threats have become even more critical. Flow Capital is glad to have participated in their growth, and we wish them well,\u201d said Alex Baluta, CEO, Flow Capital.<\/p>\n

\u201cPartnering with Flow has been very important to Wedge. Alex and his team at Flow demonstrated an ability to understand the capabilities of our innovations and to visualize the potential of our solutions. The past twelve months have been nothing like anyone had anticipated. Working with Flow has enabled Wedge to transition through an unforeseeable period of global dislocation, brought on by the global pandemic, and to position itself for growth,\u201d stated Rob Fong, Chief Operating Officer and CFO, Wedge Networks, Inc.<\/p>\n

\n About Wedge Networks<\/strong>\n <\/p>\n

Wedge Networks, Inc. is a Real-Time Threat Prevention solutions company. Its innovative technology platform, Wedge Absolute Real-time Protection (WedgeARP\u2122), is a software defined orchestrated network security system. WedgeARP\u2122 provides network-based, real-time threat protection for all types of endpoints in a wide range of networks (mobile data, 5G, SD-WAN, SASE, and smart-city\/IIoT). Deployed via the cloud, on premises, in data centers or in a virtualized environment by enterprises, governments, and managed security service providers, WedgeARP\u2122 inspects, detects, and blocks in real-time, malware and cyber threats (known, unknown and customized). Wedge does this through its portfolio of patented and patent-pending innovations, including Deep Content Inspection (DCI) technologies embedded with artificial intelligence and industry best-of-breed security functions. WedgeARP\u2122 is a highly effective, flexible and autonomous approach to enable real-time threat prevention across the entire spectrum of scale \u2013 serving SMBs to mega organizations \u2013 protecting over 100 million endpoints in 17 countries.<\/p>\n

Awarded a Gartner Cool Vendor designation, and twice bestowed with Build-In-Canada Innovation awards, Wedge Networks is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, and the Middle East and North Africa regions.<\/p>\n

For more information on Wedge Networks, visit\u00a0http:\/\/www.wedgenetworks.com\/<\/a>.<\/p>\n

Please forward any media or PR inquiries to: PR@wedgenetworks.com<\/u><\/a><\/p>\n

\n About Flow Capital<\/strong>\n <\/p>\n

Flow Capital Corp. is a diversified alternative asset investor, specializing in providing minimally dilutive capital to high-growth businesses. To apply for financing, visit www.flowcap.com<\/a>.\u00a0<\/p>\n

For further information, please contact:<\/p>\n

\n Flow Capital Corp.<\/strong>\n <\/p>\n

Alex Baluta
Chief Executive Officer
alex@flowcap.com<\/a>\u00a0<\/p>\n

1 Adelaide Street East, Suite 3002,
PO Box 171,
Toronto, Ontario M5C 2V9<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (\u201cFlow Capital\u201d or the \u201cCompany\u201d) is announcing that Wedge Networks, Inc. (\u201cWedge\u201d) has completed a buyout of Flow Capital\u2019s royalty investment for $1,250,000. \u201cThe team at Wedge has developed a compelling solution to address cyber security threats. With the increased dependence on telecommuting, due to the ongoing pandemic, and a global digital cold war, safeguards against such threats have become even more critical. Flow Capital is glad to have participated in their growth, and we wish them well,\u201d said Alex Baluta, CEO, Flow Capital. \u201cPartnering with Flow has been very important to Wedge. Alex and his team at Flow demonstrated an ability to understand the capabilities of our … <\/p>\n

Continue reading “Flow Capital Announces the Buyout of Its Investment in Wedge Networks, Inc.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405565","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFlow Capital Announces the Buyout of Its Investment in Wedge Networks, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/flow-capital-announces-the-buyout-of-its-investment-in-wedge-networks-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flow Capital Announces the Buyout of Its Investment in Wedge Networks, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (\u201cFlow Capital\u201d or the \u201cCompany\u201d) is announcing that Wedge Networks, Inc. (\u201cWedge\u201d) has completed a buyout of Flow Capital\u2019s royalty investment for $1,250,000. \u201cThe team at Wedge has developed a compelling solution to address cyber security threats. With the increased dependence on telecommuting, due to the ongoing pandemic, and a global digital cold war, safeguards against such threats have become even more critical. Flow Capital is glad to have participated in their growth, and we wish them well,\u201d said Alex Baluta, CEO, Flow Capital. \u201cPartnering with Flow has been very important to Wedge. 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